Prospects for a trade deal between US President Donald Trump and Chinese President Xi Jinping at the upcoming Group of 20 meeting in Argentina are quite likely to founder on the question of China’s industrial strategies: While Beijing may be willing to buy more American goods to mollify Trump, it almost certainly won’t stop supporting sectors it sees as key ...

It’s only when the tide goes out that you find out who’s been swimming in the nude, billionaire investor Warren Buffett famously opined. And as the bull market in global stocks starts to ebb, asset management companies will find themselves dangerously exposed — with medium-sized firms the most at risk of finding themselves naked and shivering on the beach. Investment ...

A new report warns Congress that the US could struggle to win, or might even lose, a war against China or Russia, because America’s military has “failed to keep pace with changing security challenges.” Why? One reason, according to the bipartisan National Defense Strategy Commission, is that military planners have to deal with a budget that shifts unpredictably from one ...